Profitable Online Business Selling High End Bicycles Available for Sale.
About Business
This Sole proprietorship business is operational since 2014. They sell Branded High-End Bicycles & Bicycle Accessories online through their website. The corporate office is based in Kanpur.
Brands: Ferrari, Lamborghini, Circuit E-Bikes, and Cruiser.
Accessories:Bag, Bottles, Helmets, Wrapping Bag, Hanging Bag, Gloves, Lock, Tool Kit, Saddle Bag, Knapsack, Torch, Circuit Light, Circuit TailLight, Spoke Light, Torch Bracket.
They import the bicycles & accessories from UAE and sell it online in India. They have around 50 customers to date.
The Turnover for the FY 2017-18 was INR 25 lakhs with a net profit of INR 10 lakhs. Asking Price is INR 25 lakhs (asking price includes the website, 23 bicycles, and accessories). Breakdown - Website INR 2 lakhs, Bicycles INR 42 lakhs, Accessories INR 4 lakhs. The promoter will help the acquirer in getting prospective buyers data, import data, business growth.
Reason
Management decision.
Keywords
Business Tags
Business Exit for ₹10 Cr – 200 Cr
Structured Transition Completed in 120 Days
Credible Buyer Connections, Confidential Discussions, and Seamless Closure
Supported by Advisors with 26+ Years of Experience